Indian city among world's top 20 in luxury rentals
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Globally, rental prices for a three-bedroom have slipped from last year's average of $3,080 to $3,030 per month. Tokyo luxury rentals in particular are down five per cent, and those in Mumbai have dropped an average of 12 per cent in cost within the last year, according to Business Insider.
Meanwhile, Hong Kong's rental prices have dropped slightly from last year's high, according to the latest data from ECA International, a global consulting firm that releases the figures for companies sending employees to work abroad.
Let's take a look at luxury rentals across the world, including India.
Source: Business Insider
NOTE: Data refers to unfurnished, three-bedroom apartments
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Image: Overview of Buenos Aires' 9 de Julio Avenue with the Obelisk in the background.
Photographs: Enrique Marcarian/Reuters
Indian city among world's top 20 in luxury rentals
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Hong Kong
Average rent: $11,549 per month for a three-bedroom apartment
Global rank: 1
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Image: A view of Hong Kong's central financial district.
Photographs: Tyrone Siu/Reuters
Indian city among world's top 20 in luxury rentals
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Caracas, Venezuela
Average rent: $9,090 per month for a three-bedroom apartment
Global rank: 2
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Image: People have a drink at 360, a three-tiered rooftop bar, in Caracas.
Photographs: Jorge Silva/Reuters
Indian city among world's top 20 in luxury rentals
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New York City, United States
Average rent: $9,020 per month for a three-bedroom apartment
Global rank: 3
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Image: Brooklyn Bridge and Manhattan Bridge are seen from the 90th storey of One World Trade Center in New York.
Photographs: Lucas Jackson/Reuters
Indian city among world's top 20 in luxury rentals
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Moscow, Russia
Average rent: $8,874 per month for a three-bedroom apartment
Global rank: 4
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Image: Moscow's business district.
Photographs: Denis Sinyakov/Reuters
Indian city among world's top 20 in luxury rentals
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Tokyo, Japan
Average rent: $8,726 per month for a three-bedroom apartment
Global rank: 5
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Image: A busy street in Tokyo.
Photographs: Stringer/Reuters
Indian city among world's top 20 in luxury rentals
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London, United Kingdom
Average rent: $7,859 per month for a three-bedroom apartment
Global rank: 6
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Image: A view of Oxford Circus in London.
Photographs: Stefan Wermuth/Reuters
Indian city among world's top 20 in luxury rentals
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Bogota, Colombia
Average rent: $5,643 per month for a three-bedroom apartment
Global rank: 7
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Image: A couple chat as they drink coffee at Juan Valdes cafe in Bogota.
Photographs: Fredy Builes/Reuters
Indian city among world's top 20 in luxury rentals
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Singapore
Average rent: $5,511 per month for a three-bedroom apartment
Global rank: 8
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Image: A tour boat travels up Singapore River past the skyscrapers of the financial district.
Photographs: Tim Chong/Reuters
Indian city among world's top 20 in luxury rentals
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Lagos, Nigeria
Average rent: $5,275 per month for a three-bedroom apartment
Global rank: 9
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Image: Lagos Cathedral Church near the Marina.
Photographs: Akintunde Akinleye/Reuters
Indian city among world's top 20 in luxury rentals
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Rio de Janeiro, Brazil
Average rent: $5,067 per month for a three-bedroom apartment
Global rank: 10
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Image: Tourists take pictures with the Rodrigo de Freitas Lagoon in the background in Rio de Janeiro.
Photographs: Ricardo Moraes/Reuters
Indian city among world's top 20 in luxury rentals
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Shanghai, China
Average rent: $4,859 per month for a three-bedroom apartment
Global rank: 11
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Image: An aerial view shows vehicles travelling on intersections at night in downtown Shanghai.
Photographs: Aly Song/Reuters
Indian city among world's top 20 in luxury rentals
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Sydney, Australia
Average rent: $4,858 per month for a three-bedroom apartment
Global rank: 12
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Image: An aerial view of Sydney's Opera House and Circular Quay in the city's central business district.
Photographs: Mark Baker/Reuters
Indian city among world's top 20 in luxury rentals
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Geneva, Switzerland
Average rent: $4,808 per month for a three-bedroom apartment
Global rank: 13
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Image: A view of the Jet d'Eau (water fountain), and the Lake Leman from the St-Pierre Cathedrale in Geneva.
Photographs: Denis Balibouse/Reuters
Indian city among world's top 20 in luxury rentals
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Seoul, South Korea
Average rent: $4,706 per month for a three-bedroom apartment
Global rank: 14
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Image: Part of Gangnam area is seen down the Han River in Seoul.
Photographs: Lee Jae-Won/Reuters
Indian city among world's top 20 in luxury rentals
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Zurich, Switzerland
Average rent: $4,636 per month for a three-bedroom apartment
Global rank: 15
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Image: Zurich's main shopping street Bahnhofstrasse.
Photographs: Arnd Wiegmann/Reuters
Indian city among world's top 20 in luxury rentals
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San Francisco, United States
Average rent: $4,461 per month for a three-bedroom apartment
Global rank: 16
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Image: A view of Dolores Park with the skyline of San Francisco, California.
Photographs: Robert Galbraith/Reuters
Indian city among world's top 20 in luxury rentals
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Mumbai, India
Average rent: $4,435 per month for a three-bedroom apartment
Global rank: 17
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Image: A view of the Bandra-Worli sea link bridge in Mumbai.
Photographs: John Goh/Reuters
Indian city among world's top 20 in luxury rentals
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Paris, France
Average rent: $4,329 per month for a three-bedroom apartment
Global rank: 18
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Image: A tourist boat travels along the River Seine near the snow-covered Notre Dame Cathedral in Paris.
Photographs: Christian Hartmann/Reuters
Indian city among world's top 20 in luxury rentals
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Beijing, China
Average rent: $4,203 per month for a three-bedroom apartment
Global rank: 19
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Image: Waiters from a hotel cross a road in Beijing's Central Business District.
Photographs: Jason Lee/Reuters
Indian city among world's top 20 in luxury rentals
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Buenos Aires, Argentina
Average rent: $4,170 per month for a three-bedroom apartment
Global rank: 20
Image: Woman walk with polo magazines at the Campo Argentino de Polo in the Buenos Aires neighbourhood of Palermo.
Photographs: Enrique Marcarian/Reuters
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